LIAQUATALI KHAN'S BUDGET OF 1947-48 89 17. See e.g. the speeches by Sri Prakasha, Krishna Dutt Paliwal, D. P. Karmakar and others in the General Budget Session in L.A.D., 1947. 18. See. T. P., Vol. IX, Doc. 494 and 526. 19. Moon, 1973, p. 425. 20. See the report in The Statesman, March 4,1947, p. 1. 21. T.P., Vol. IX, Doc., 494 and 526. 22. E.g. Sardar Mangal Singh in his speech in the Assembly, described the criticisms against the tax proposals as the 'Howl of the Millionaires'; see The Statesman, March 31947. 23. See L.A.D., 1947, p.1470. 24. Ibid., p. 1505. 25. See Moon, 1973, p. 430. 26. T. P., Vol. IX, Doc. 561. 27. T.P. Vol. X, Doc. 59. 28. Ibid., Doc. 204. 29. See L.A.D., 1947, p. 1315. 30. T. P., Vol. X, Doc. 204. 31. Moon, 1973, p. 430. 32. See N.V. Sovani, Planning of Post-Vfar Economic Development in India, Gokhale Institute of Politics and Economics, 1951, p. 75. 33. See, N.V. Sovani (ed), Reportsof the Commodity Prices Board, Gokhale Institute of Politics and Economics, 1948, p. X. 34. Sovani, 1951, p. 59. 35. Ibid./ p. 59; also see D.R. Gadgil's comment in the foreward of N.V. Sovani's Postwar Inflation in India—A Survey, Gokhale Institute, 1949, pp. VI-VII. 36. L.A.D., 1947, p. 1332. 37. Ibid., p. 1508. 38. T.P., Vol. IX, Doc. 533. 39. LA.D., 1947, p. 1484, speech by Muhammad Nauman on 4 March 1947. 40. See Jawaharlal Nehru Papers, II, File No. 135, Part I, p. 15 in Nehru Memorial Museum & Library, New Delhi. 41. A.M. Zaidi & S.G. Zaidi (eds.). The Foundations of Indian Economic Planning Delhi, 1979, p. 65. 42. T.P., Vol. X, Doc. 59. 43. Ibid. 44. See Bipan Chandra, 'Jawaharlal Nehru and the Indian Capitalist Class, 1936' in Nationalism and Colonialism in Modem India, Orient Longman, 1979, particularly section IV, pp. 190-196. Chandra's conclusion regarding Nehru may not tally with mine.